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been negotiating with. dana bash is doing some digging, so does david gergen and the rest of our political insiders. you know, i can save you 15% today if you open up a charge card account with us. >> you just read my mind. >> announcer: just one little piece of information and they can open bogus accounts, stealing your credit, your money and ruining your reputation. that's why you need lifelock to relentlessly protect what matters most... [beeping...] helping stop crooks before your identity is attacked. and now you can have the most comprehensive identity theft protection available today... lifelock ultimate. so for protection you just can't get anywhere else, get lifelock ultimate. >> i didn't know how serious identity theft was until i lost my credit and eventually i lost my home. >> announcer: credit monitoring is not enough, because it tells you after the fact, sometimes as much as 30 days later. with lifelock, as soon as our network spots a threat to your identity, you'll get a proactive risk alert, protecting you before you become a victim. >> identity theft was a huge,
on incomes over a million dollars while sparing everyone else. dana bash is our senior congressional correspondent. dana, this time tomorrow, the president is supposed to be back, having cut his trip to hawaii short, the first lady, the girls are staying in hawaii. the senate is supposed to convene, but not necessarily the house. what is going to happen? >> reporter: well, we're not really sure. in fact, house republican leaders are having a conference call, i'm told, as we speak, to figure out that very question. they told their members that they would have 48 hours notice before they reconvene the house and so at the earliest, that would be on friday. but, you know, the action really is now going to begin in the senate. there isn't that much of a rush for the house to come back. and when i say action, even that is a question mark. whether there will be action. i was talking to a democratic source who said right now what they had to figure out, victor, is whether or not harry reid working with the white house on this can get enough votes from republicans to cross party lines for eve
, they can vote no. >> we're following the last-minute drama to avoid anything bad happening here. dana bash is covering the urgent talks in washington. ali velshi gives us the bottom li line. and alison kosik is on wall street watching how worried investors are reacting this hour. dana, we want to begin with you. we are hearing there might have been some progress overnight. >> a lot more optimism being expressed from sources in both parties. mitch mcconnell who the prime negotiator on the republican side just moments ago told reporters he spoke to the vice president, who is the prime negotiator now on the democrat side. so not totally all night, but they were up pretty late and early into the morning going back and forth making what again several sources say was significant progress. again, hate to say it, i have seen that movie before. i know you have too in covering similar negotiations like this. this is really, really been a roller coaster with people feeling optimistic and suddenly we hear things hit a snag. as you said, 14 hours to go. there's nothing like a deadline that really pushe
, and some of the reasons had nothing to do with the economy. dana telsey is a retail analyst. >> whether it was hurricane sandy, the need to spend on the home; whether it was the tragedy in connecticut, and took away the feel-good factor-- it was a confluence of events that led to a "should have been better" holiday season. >> reporter: a big part of the problem was in the densely populated northeast, where more than a fifth of country's retail sales take place. holiday spending priorities shifted after hurricane sandy as homeowners focused more on repairs than on gifts. also dragging down sales was uncertainty about the so-called fiscal cliff, tax hikes and spending cuts set to take effect next year. if lawmakers don't reach a deal to avoid it, consumers could see higher taxes eating into their paychecks. even online sales suffered. compared to past years of double-digit growth, this year, online holiday sales rose only about 8%, compared to nearly 16% last year. overall, holiday spending accounts for up to 30% of retailers' annual sales, so the disappointing season is a concern for an
of digging tonight for cnn's dana bash. i know we don't have any decisions out of the call but do question have a sense what republicans are telling speaker boehner? how likely are we to see a vote in time to avoid going of the cliff? >> it is in part the reason why house republicans didn't make a decision to bring the house back or when to do it. the ball is in the senate's courts especially with senate democrats. that has changed big time since a few weeks ago. at this point what they are trying to figure out is whether or not they can find enough republicans to cross party lines for what the president proposed right before he left for hawaii which is a scaled-back bill focusing on tax cuts and on what he campaigned on which is only keeping the cuts in place for those making over $250,000. is it a big ask to get ten senate republicans to get them to cross over. >> so what more do we know then. it is still being crafted and that is part of the dance that's being done in these next few days which is exactly what do democrats have to put into this in order to lure those republicans if anyth
with members on stand-by to return. senior congressional correspondent dana bash is following all of it for us. what are you hearing? >> there was a conference call of course members of the house leadership even, they're back in their districts, but there was a conference call today among those house republican leaders trying to figure out if and when the house should come back into session. two republican sources tell me they did not make a decision on this call. it's still up in the air. and a big reason for that is if anything can get done in the next six days, the ball is in the senate's court. the capitol is a ghost town. neither chamber in session. an eerie calm since the fiscal cliff only congress has the power to avert is less than one week away. from their home, senate democratic leaders is trying to figure out if the president's scaled back bill can pass congress at the 11th hour. >> there is absolutely no reason, none, not to protect these americans from a tax hike. at the very least, let's agree right now on what we already agree on. let's get that done. >> reporter: but to get tha
it. congratulations. >> i'm alina cho. i'll be back. >>> you know, dana bash is the -- she's good on capitol hill. good morning and merry christmas. >>> stories we're watching in the newsroom on this christmas day. pope benedict xvi tells people not to up hope even in the world's most troubled reasons. his appeal for peace. >>> and it's not the grinch stealing christmas cheer. it's the weather. blizzard warnings may turn your white christmas into a travel nightmare. and tornados threaten the south. your forecast is coming up. >>> and we're seven days away from going off the fiscal cliff and with washington in a political gridlock we're getting closer and closer. the question, how will it affect you and your paycheck? >>> the images, the words, the names, highlights and low lights of 2012. "newsroom" starts now. >>> good morning to you. i'm carol costello wishing you and yours a merry christmas and we begin with pope benedict xvi using his an i'll christmas message to speak about the hope for peace even in the most difficult times and situations. >> translator: in this world there'
Search Results 0 to 6 of about 7